Jauhn Etienne Villaruel

The facade of the Bangko Sentral ng Pilipinas on February 15, 2024. Jonathan Cellona, ABS-CBN News

Article (news)

Benise Balaoing

ABS-CBN News

<div><span class="fr-img-caption fr-fic fr-dib" style="width:960px;display:block" width="960"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/178547681469620240215-bsp-cafade-logo-JC-4.jpg" style="width:960px" class="fr-fic fr-dib" width="960"/><span class="fr-inner" style="text-align:left">The facade of the Bangko Sentral ng Pilipinas on February 15, 2024.<em> Jonathan Cellona, ABS-CBN News</em><br/></span></span></span></div><p>MANILA — The Bangko Sentral ng Pilipinas (BSP) sees inflation settling between 5.6 and 6.6 percent in July.</p><div><a href="https://www.abs-cbn.com/news/business/2026/6/30/inflation-seen-to-stay-high-in-june-bsp-1707">Inflation seen to stay high in June— BSP</a></div><p>The Bangko Sentral said higher local oil prices, electricity rates, fish prices, and a falling peso against a strengthening dollar may have driven inflation upward.</p><p>Meanwhile, lower prices of key food commodities--like rice, meat, vegetables, and fruits--may have tempered inflation.</p><p>Inflation eased to 6.4 percent in <a href="https://www.abs-cbn.com/news/business/2026/7/7/inflation-eases-to-6-4-percent-in-june-as-fuel-prices-decline-0914" rel="noopener noreferrer" target="_blank">June</a> as fuel prices fell compared to previous months. </p><p>But oil prices went up on Wednesday in the world market after Iran attacked a US base in Jordan.</p><div><a href="https://www.abs-cbn.com/news/business/2026/7/30/mideast-tension-could-wipe-out-possible-fuel-reduction-next-week-oil-firm-1825" rel="noopener noreferrer" target="_blank">Mideast tension could wipe out possible fuel reduction next week—oil firm</a></div><div><br/></div><div><strong>RELATED VIDEO</strong></div><div><strong><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/K0QVoy-0NjI?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span></strong><br/></div>

BSP sees July inflation settling between 5.6 to 6.6 pct

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BSP sees July inflation settling between 5.6 to 6.6 pct

Benise Balaoing,

ABS-CBN News

Published July 31, 2026 01:52 PM PHT

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inflation

oil prices

food

electricity

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